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Bluegrass FLS Hammond – Florida Agricultural Portfolio

$2,080,000

Fort Pierce, Florida

353.90 Acres

PROPERTY DETAILS

Property Type: Citrus, Land, Land Investment

Location: Orange Avenue, Fort Pierce, Florida 34945

County: St. Lucie

Price Per Acre: $5,877

PIN: 2102-121-0010-000-4, 2102-141-0002-000-7, 2111-111-0002-000-2, 2111-121-0002-000-3

Zoning: Agriculture


Bluegrass FLS Hammond is a 353.9 acre typical flat woods grove located in Ft. Pierce, Florida with approximately 100% uplands. Low-volume micro-sprinkler with surface irrigation water from canals maintained by Orange Avenue Citrus Growers Association, Inc (OACGA) Ashland District. Water is pumped through a diesel engine powered centrifugal pumps with fertigation capability. Bluegrass FLS Hammond is one of several included in a larger portfolio of 11,100.9 ± acres spanning across DeSoto, St. Lucie, and Indian River Counties.

The grove was originally planted in 1986 with a variety of oranges and grapefruit. The original trees were planted at a variety of settings such as 12.5 x 22.5 (155 tpa), 15 x 20 (145 tpa), and 17 x 20 (128 tpa). The original rootstocks were Sour Orange and subsequent planting included Swingle, US 897, and Carrizo. Current varieties include 533 acres Ruby Grapefruit, 12 acres Hamlins, 87 acres Star Grapefruit, 32 acres Ray Grapefruit, and 7.8 acres Navels. Bluegrass FLS Hammond is a turn-key grove and provides a good foundation for income production with long term appreciation.

Description: Typical flat woods grove and provides a good foundation for income production with appreciation
Variety of oranges and grapefruit
Low-volume micro-sprinkler with surface irrigation water from canals

Driving Directions: • From SR 68 and I-95 in Ft. Pierce, travel 13.4 miles west of SR 68
• Then go east for 0.8 miles on water district road

Dean Saunders

Founder, Managing Director & Senior Advisor

863.774.3522

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